Sivers Wireless secures $5 million production order from frominent SATCOM client

STOCKHOLM: Sivers Wireless, a subsidiary of Sivers Semiconductors AB, has achieved a significant milestone by securing a substantial production order valued at $5 million (approximately 55 million SEK) from a leading European SATCOM (Satellite Communications) customer. This order pertains to their cutting-edge beamforming integrated circuits (BFIC) and is poised to have a substantial impact on…

Christian Poulsen becomes acting CEO of Copenhagen Airports as Thomas Woldbye leaves

COPENHAGEN, DENMARK: Copenhagen Airports A/S has appointed the airport’s COO Christian Poulsen to assume the position as acting CEO when Thomas Woldbye leaves the company on 30 September 2023. Current COO of Copenhagen Airports, Christian Poulsen, will lead the airport until a replacement has been found for Thomas Woldbye, who is stepping down after 12…

Hans Dahlgren takes the helm as CEO of Humana Assistans

STOCKHOLM, SWEDEN: Humana AB, a prominent player in the Swedish healthcare sector, has announced the appointment of Hans Dahlgren as the new Chief Executive Officer (CEO) of Humana Assistans. Effective today, August 21, 2023, Dahlgren steps into this pivotal role, succeeding the esteemed Andreas Westlund who leaves after a commendable fifteen-year tenure. Hans Dahlgren’s career…

Kerim Nielsen, Kamux’s Country Director for Sweden, leaves the company

HELSINKI, FINLAND: Kamux Corporation, a leading Nordic retailer of used cars and related services, announced today that Kerim Nielsen, its Country Director for Sweden and member of the Group Management Team, has decided to pursue a career opportunity outside of the company in early 2024. He will continue in his current position at least until…

Renewable Ventures Nordic forms new subsidiary following Scandinavian Astor Technologies deal

STOCKHOLM, SWEDEN: Renewable Ventures Nordic AB (RVN) has begun the process of establishing a new subsidiary in order to take advantage of the increased interest in structural deals that the company’s management and board see. The subsidiary is expected to be established in April 2023 and will be called Renewable Ventures Nordic 3 AB. RVN’s…

Lhyfe has acquired a 49% stake in the Finnish company Flexens

HELSINKI, FINLAND: Lhyfe has acquired a 49% stake in the Finnish company Flexens, a developer of renewable and green hydrogen and Power-to-X projects. This is the first investment for Lhyfe, which illustrates its desire to expand rapidly in countries with big plans for renewable and green hydrogen. The move will accelerate the commercial deployment and…

Ericsson appoints Jenny Lindqvist as Head of Market Area Europe & Latin America

ESPOO, FINLAND: Ericsson (NASDAQ: ERIC) has appointed Jenny Lindqvist Senior Vice President, Head of Market Area Europe & Latin America, as of February 1, 2023. Effective the same date she will become member of the Ericsson Executive Team, reporting to the CEO. Jenny Lindqvist currently holds the position of Vice President and Head of Northern…

Volvo starts series production of heavy electric trucks

GOTHENBURG, SWEDEN: Volvo Trucks is beginning series production of the electric versions of the company’s most important product range, its heavy-duty trucks: Volvo FH, Volvo FM, and Volvo FMX, a statement noted. These trucks can operate at a total weight of 44 tonnes and the three models represent around two thirds of the company’s sales.…

Nokia appoints Amy Hanlon-Rodemich as Chief People Officer and member of the Group Leadership Team

ESPOO, FINLAND: Nokia today announced the appointment of Amy Hanlon-Rodemich as Chief People Officer and member of the Group Leadership Team, effective October 24, 2022. Amy Hanlon-Rodemich joins Nokia from GlobalLogic, a leading company in digital product engineering, where she is Chief People Officer. She is an experienced HR executive who has helped some of…

Everfuel signs MoU with Karlstads Energi for establishing a hydrogen hub

HERNING, DENMARK: Everfuel A/S announced the signing of a Memorandum of Understanding (MoU) with Karlstads Energi for a collaboration on developing a hydrogen hub in Karlstad, Sweden. The two parties plan to explore the commercial and technical feasibility of constructing a 20 MW electrolysis facility as a first phase of the hub development. The facility…

Alimak Group to acquire Tractel for EUR 500mn

STOCKHOLM, SWEDEN: Alimak Group AB has entered into an agreement to acquire Tractel, a world leading height safety specialist, providing reliable, innovative and cost-effective working-at-height solutions and services. The acquisition is transformational, accelerating Alimak Group’s profitable growth strategy, creating a highly profitable global provider of safe and sustainable premium height solutions with an annual revenue…